Whilst the count down has well and truly began for the end of the auction market there is still one more bumper weekend left and some brave souls are even auctioning on the 21st.

With a clearance rate of 78% achieved on the weekend the market is well and truly alive a kicking.

We are seeing good buyer confidence and most importantly vendor confidence to sell which has helped bring a better quality of property onto the market and thus we have seen an increase in sale prices.

The concept that the market is growing is correct but a lot of that has to do with an improvement in the quality of what’s available.

As mentioned previously the media like taking a blanket approach to the property market and making grand sweeping statements as it’s easier than truly understanding what is occurring.

When we have an increase in the quality of the properties available due to confidence being higher we will obviously see the medium price move up.

The media don’t factor in what is being sold just that something has been sold as if everything is the same, highlighting their lack of understanding of the property market.